Update: What's Next for BounceBit BB is now live on BNB Chain, where most of our products and users already are. The migration is complete, BB is fully integrated across custody, market-making and exchanges, and we're moving into one of the most product-heavy stretches in BounceBit's history. Thank you to everyone who stayed engaged through the transition. Here's what's ahead. Done: The Foundation (Q3 2026) Our products never stopped. BounceBit's CeDeFi strategies, Promo Vaults, Prime and RWA products were unaffected and kept running throughout the transition. BB is live on BNB Chain. BB was reissued one-to-one against the prior supply. The contract is verified on BscScan. Fully integrated on BNB Chain. Custody, market-making and exchange support are all connected to the new BB contract. CeDeFi V4 (Borobudur) is live, successfully upgraded from V3. With BB and our products now on one chain, everything we ship from here builds on a single, unified foundation. Q4 2026: Staking Returns Stake BB on BNB Chain and receive a transferable staking receipt. Rewards are funded from staking emissions. Stakers get priority. Your staked BB balance determines allocation priority and strategy whitelisting across BounceBit Promo, Strategy and RWA vaults. Staking puts BB at the center of the ecosystem again, and every product that follows plugs into it. Q4 2026 to Q1 2027: BB Credit Relaunches BB Credit, our collateralized borrowing facility, relaunches on BNB Chain in Q1 2027 with a new architecture designed to scale over time: One collateral asset at launch A protocol-wide borrow cap during the initial period Collateral held with a regulated custodian We're starting focused so the market can grow on solid ground. Q1 2027: Expanding Collateral Tokenized treasuries as collateral. Franklin Templeton's BENJI and BlackRock's BUIDL will be accepted in BB Credit, extending our RWA strategy work into lending. Institutional access. Institutional borrowers can join through KYC'd vaults on BounceBit Prime, bringing new demand into the ecosystem. Q2 2027: Perpetual Futures Our perpetual futures platform is planned for 2027. It builds directly on BB Credit's margin and collateral infrastructure, launches with conservative leverage limits, and will be available where regulations allow. Staked BB plays a role here too, through fee tiers and the insurance fund. Looking Further Ahead We want governance to reach beyond treasury decisions into credit risk itself: loan-to-value ratios, which assets are accepted as collateral, and how large the backstops should be. The goal is for BB holders to shape how the lending market manages risk. What BB Does BB is the access and utility token across the BounceBit product suite: Staking. Stake BB to receive a transferable receipt that unlocks access and fee benefits across BounceBit. Product access. Staked BB determines your priority, whitelisting and vault eligibility in Promo, Strategy and RWA. Lending. In BB Credit, staked BB sets your interest-rate tier. You can also commit staked BB to the backstop module, which absorbs bad debt in the lending market. Trading. On the perps platform, staked BB sets your fee tier, and you can commit it to the insurance fund that covers residual losses. We're also evaluating BB as a margin and settlement asset for selected perpetual contracts. Governance. Voting scope is expanding to risk parameters such as LTV ratios, collateral onboarding, leverage limits and insurance fund sizing. Each of these milestones will get its own announcement as it goes live. Follow our official channels for updates, and as always, only trust links and contract addresses shared there. All dates are current targets and may change depending on market, technical and regulatory conditions. We'll keep you informed of any material changes.